The Prestige at One Yonge — Rental Market Data

The Prestige at One Yonge features 6 active listings as of August 31, 2026, with an asking price range spanning $1,300 to $4,400 per month and an average rent of $2,938 per month alongside a median of $2,625 per month. Active inventory averages 682 square feet at an asking rate of $4.24 per square foot. Multi-bedroom and 1-Bedroom + Den layouts dominate the current active roster, capturing two-thirds of total available inventory while smaller tiers represent limited single-listing selections.

The 1-Bedroom + Den serves as the dominant active layout at The Prestige at One Yonge, claiming 2 active listings and a 33.3% share of current inventory with an average rent of $2,625 per month across an average of 647 square feet at $4.06 per square foot. The 2-Bedroom tier matches this share with 2 active listings, averaging $4,300 per month across 800 square feet at $5.40 per square foot. Rounding out the selection, the 1-Bedroom tier provides 1 active listing representing a 16.7% share at $1,300 per month across 650 square feet at $2.00 per square foot, while the 3-Bedroom+ tier offers 1 active listing representing a 16.7% share at $2,480 per month across 550 square feet at $4.51 per square foot.

The Prestige at One Yonge exhibits an asking price range spanning a minimum entry rent of $1,300 per month to a peak asking rent of $4,400 per month, creating a dollar spread of $3,100 per month or 238.5%. Median asking rent sits at $2,625 per month. The entry-level option consists of a 1-Bedroom suite offering 650 square feet at an asking rate of $2.00 per square foot, whereas the peak-priced tier comprises a 2-Bedroom layout providing 750 square feet at an asking rate of $5.87 per square foot.

Active den inventory at The Prestige at One Yonge commands a premium of $1,325 per month alongside a square footage delta of -4 square feet compared to standard layouts. Marginal square foot costs for the extra den space cannot be reliably isolated due to the inverse size relationship. Active parking premiums cannot be reliably isolated from current listings due to an insufficient or anomalous sample.

The Prestige at One Yonge asks an average of $2,938 per month at $4.24 per square foot, trading below the Harbourfront submarket asking benchmarks of $3,992 per month and $5.52 per square foot. Nominal monthly rent variances stem from more compact suite sizing rather than discounted unit pricing. The building's asking rate per square foot trades 23.2% below the submarket average while capturing 6 active listings out of 34 total submarket availabilities.

The Prestige at One Yonge achieves an average lease rent of $2,949 per month, comparing against an overall comp average of $2,746 per month across key benchmarks including Centre - Tower I, World Trade Centre I, Centre - Tower II, and 18 Yonge. Centre - Tower I (16 Yonge St) reports an average lease rent of $2,937 per month at $3.97 per square foot across an average of 747 square feet. World Trade Centre I (10 Yonge St) records an average lease rent of $2,600 per month at $4.00 per square foot across 650 square feet. Centre - Tower II (12 Yonge St) posts an average lease rent of $2,936 per month at $3.66 per square foot across 807 square feet. Finally, 18 Yonge (18 Yonge St) demonstrates an average lease rent of $2,510 per month at $4.00 per square foot across 642 square feet.

The Prestige at One Yonge positions its value proposition around modern finish quality and layout efficiency, realizing an average lease rate of $4.19 per square foot across an average size of 704 square feet compared to the broader submarket benchmark of $4.44 per square foot. Renters evaluating The Prestige against older towers like Centre - Tower I ($3.97 per square foot across 747 square feet) and Centre - Tower II ($3.66 per square foot across 807 square feet) trade legacy square footages for contemporary floor plans, state-of-the-art building systems, and minimized utility burdens. Meanwhile, compared to World Trade Centre I ($4.00 per square foot across 650 square feet) and 18 Yonge ($4.00 per square foot across 642 square feet), the subject building delivers superior architectural currency and modern aesthetic standards while maintaining competitive pricing relative to the broader submarket's $3,000 average monthly rent.

The Prestige at One Yonge delivers an extensive, contemporary lifestyle and amenity package that surpasses the offerings found in its mid-2000s and 1990s neighbours. The property features signature amenities including an indoor pool, a dedicated yoga studio, a specialized spin studio, an indoor pet wash station, and an expansive rooftop terrace. In contrast, competing properties such as Centre - Tower I and Centre - Tower II provide traditional recreational spaces like squash courts, tennis and pickleball courts, and putting greens without modern fitness studios or dedicated pet grooming infrastructure. Similarly, World Trade Centre I and 18 Yonge offer standard fitness centres, indoor pools, and party rooms, but lack the contemporary wellness spaces and pet-centric facilities integrated into the subject building. This modern amenity suite specifically serves young professionals and urban pet owners seeking an active, resort-style condominium lifestyle in Harbourfront.